Intertek Group (LON:ITRK) Stock Rating Reaffirmed as “Hold” by Jefferies Financial Group

Intertek Group (LON:ITRK)‘s stock had its “hold” rating restated by Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 6,000 target price on the stock. Jefferies Financial Group‘s target price points to a potential upside of 1.27% from the stock’s current price.

Separately, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 5,850 target price on shares of Intertek Group in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 5,649.25.

Intertek Group Trading Up 0.1%

Shares of LON ITRK traded up GBX 5 during midday trading on Wednesday, reaching GBX 5,925. 709,576 shares of the stock were exchanged, compared to its average volume of 7,938,995. The company has a 50 day simple moving average of GBX 5,873.76 and a 200 day simple moving average of GBX 5,173.27. The stock has a market capitalization of £9.09 billion, a P/E ratio of 28.89, a PEG ratio of 1.99 and a beta of 0.97. The company has a debt-to-equity ratio of 179.40, a quick ratio of 1.19 and a current ratio of 1.10. Intertek Group has a twelve month low of GBX 3,519.42 and a twelve month high of GBX 5,925.

Intertek Group (LON:ITRK) last released its quarterly earnings data on Friday, July 31st. The company reported GBX 126.60 EPS for the quarter. Intertek Group had a return on equity of 29.86% and a net margin of 9.07%. As a group, equities analysts expect that Intertek Group will post 263.73 earnings per share for the current year.

About Intertek Group

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.